Amid the market turbulence, Phat Dat Real Estate Development has made efforts to take drastic measures to overcome challenges.
Phat Dat (HSX:PDR) has just completed its financial obligations associated with the land development for the Astral City project, an encouraging sign, given that real estate law remains a challenging issue for so many other developments.
Phat Dat (HSX: PDR) has just been named on the list of the 2023 Top 10 Real Estate Investors as announced by Vietnam Report on April 7.
Financial statements in the fourth quarter of 2022 clearly reflected the difficulties that the market suffered last year.
Phat Dat Real Estate Development JSC bagged 10 important awards at the PropertyGuru Vietnam Property Awards 2022 on October 22.
After over two years as CEO at Phat Dat Real Estate Development Corporation (PDR), Bui Quang Anh Vu shared with Trong Hieu his feelings and enthusiasm about the journey he has experienced, as well as the future of Phat Dat.
Phat Dat Real Estate Development JSC (PDR) has been recognised as one of the top 50 prestigious and effective public companies in 2022. This is the second time in a row that the company was named in the rankings thanks to its impressive growth.
Phat Dat Real Estate Development (PDR) and ACA Investments Pte Ltd – a fund management company under the Japanese Daiwa Securities Group – signed an investment cooperation agreement at the former's office. The event marked an important milestone for ACA as it also made an initial investment of $30 million in PDR.
Phat Dat Real Estate Development Corporation will organise the annual general meeting of shareholders on March 26, expecting to approve relevant proposals to the company's business and operation plan in 2022 as well as the plan to pay a dividend of 36.3 per cent in shares.
Although the real estate industry has been hit hard by the pandemic, Phat Dat Real Estate Development JSC (PDR) remains a spotlight in the market by achieving profits with an on-year growth of 53 per cent.
Fitch assigned a long-term issuer default rating (LT IDR) of ‘B’ to Phat Dat Real Estate Development Corporation (HSX: PDR), reflecting the company's healthy financial indicators and strong growth in Vietnam.
Following the completion of a mergers and acquisitions deal, Phat Dat now owns a rarified 3-frontage landbank at the intersection of Bach Dang, Tran Phu, and Le Hong Phong streets in Danang. On the so-called billion-dollar axis of trade-culture-tourism in the city center, Phat Dat will develop the first branded residence project.
Phat Dat Real Estate Development Corporation announced the business results for the first quarter of 2021, including a 60 per cent rise in after-tax profit on-year with market capitalisation surpassing $1.5 billion.
Ho Chi Minh City-based developer Phat Dat has demonstrated its high commitment and strong financial stead with the prompt settlement of $22.5 million foreign loans.
Ho Chi Minh City-based developer Phat Dat Real Estate Development JSC (HSX: PDR) has recently reported a VND250 billion ($10.87 million) bond buyback before maturity, demonstrating the company’s commitments to investors and shareholders.